Indian Overseas Bank

Indian Overseas Bank - trusted banking partner

AI Score

73/100

Branches

3,200

ATMs

3,500

Digital Score

68/100

NRI Score

78/100

Overview

Indian Overseas Bank is a public sector bank in India serving millions across 3,200+ branches. Our AI assigns an overall score of 73/100, balancing digital experience, service quality, NRI banking, and business banking strength.

Advantages

Wide branch network
Strong digital banking
Competitive interest rates

Disadvantages

Customer service queues during peak hours
Some hidden charges on premium accounts

Best For

Salaried professionalsFirst-time account holdersDigital-first customers

Charges Analysis

Premium

Detailed Hidden Charges

Unlock the full charges breakdown including non-disclosed fees and benchmarks vs peers.

Unlock with Premium

Product Portfolio

Savings Account

Salary Account

Current Account

Fixed Deposit

Recurring Deposit

Home Loan

Personal Loan

Credit Cards

User Reviews

"Smooth digital onboarding and reliable UPI."

- Rohan S.

"Good service, charges could be lower."

- Priya K.

"Best for salary account - instant credit and zero balance."

- Aditya M.

FAQs

What is the minimum balance for Indian Overseas Bank savings account?

It varies by variant; typically ₹2,500 to ₹25,000 for metro branches.

Does Indian Overseas Bank offer NRI services?

Yes - NRE, NRO and FCNR accounts are available with online onboarding.

What FD rates does Indian Overseas Bank offer?

Current rates range 6.50% to 7.40% depending on tenure; seniors get +0.50%.

87% of Premium Members find better banking products in their first session.

Hidden charges analysis · AI scoring · Bank ranking reports · Unlimited comparisons

Unlock Premium →